Short Interest in Dream Unlimited Corp. (OTCMKTS:DRUNF) Rises By 1,014.7%

Dream Unlimited Corp. (OTCMKTS:DRUNF) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 37,900 shares, an increase of 1,014.7% from the September 15th total of 3,400 shares. Based on an average daily trading volume, of 3,200 shares, the short-interest ratio is currently 11.8 days.

Several brokerages recently issued reports on DRUNF. TD Securities boosted their price objective on shares of Dream Unlimited from C$31.00 to C$32.00 and gave the company a “buy” rating in a report on Wednesday, August 18th. Canaccord Genuity boosted their price objective on shares of Dream Unlimited from C$32.50 to C$37.00 and gave the company a “buy” rating in a report on Friday, June 25th. Finally, CIBC boosted their price objective on shares of Dream Unlimited from C$29.00 to C$33.00 and gave the company an “outperform” rating in a report on Thursday, August 12th.

Shares of OTCMKTS:DRUNF opened at $23.16 on Thursday. The firm’s 50-day moving average is $21.62 and its two-hundred day moving average is $20.54. Dream Unlimited has a 1 year low of $13.31 and a 1 year high of $23.40.

The business also recently disclosed a dividend, which was paid on Thursday, September 30th. Stockholders of record on Wednesday, September 15th were given a dividend of $0.2184 per share. This represents a dividend yield of 1.03%. The ex-dividend date of this dividend was Tuesday, September 14th.

About Dream Unlimited

DREAM Unlimited Corp. engages in the acquisition, management and development of commercial and residential real estate. It operates through the following segments: Recurring income and Development. The Recurring income segments consists of Asset management and investments in the Dream Publicly Listed Funds, which includes various agreements with the Dream Publicly Listed Funds, and various development partnerships, Stabilized income generating assets, which includes Arapahoe Basin, a ski hill in Colorado, income producing assets.

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